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Ranch Condo with Two Bedrooms

34896 Partridge Crossing Richmond, MI 48062

34896 Partridge Crossing, Richmond, MI, 48062
$269,900
Pending
For Sale
$269,900
Pending

CONDOS - Ranch - Richmond, MI

Property Size1,451 SF
Days on Market90

Property Features for 34896 Partridge Crossing

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bathroom 3, Bedroom 1, Laundry Room
Parking features
Garage, Driveway
Patio and Porch features
Patio
Pets allowed
Call
Interior features
Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Sump Pump
Exterior features
Patio, Sidewalks
Fireplace
1
Appliances
Dishwasher, Microwave
Standard status
Pending
APN
50-07-03-35-205-052
Size
1,451 SF

Taxes and HOA fees

Tax Year
2025

Utilities

Heating system
Forced Air, Humidity Control (Heating)
Cooling system
Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
2001
Floors in Building
1
Architectural style
Ranch
Listing Agency Realty Executives Home Towne Shelby
49433 Hayes, Port Huron, MI
Listed by Marianna Ruffino · License #6501390972
Added: Apr 23 Updated: Jul 9 at 6:07 am Checked: Jul 21 at 1:06 am
MLS# 50205233 Listing URL

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained ranch condo features two bedrooms and two and a half bathrooms, including a spacious primary suite. Hardwood floors flow through the main living areas, complemented by high ceilings that contribute to an open feel. Fresh interior paint updates the space throughout. The bright living room is enhanced by large windows, and the dining area provides access to the back patio. The kitchen includes granite countertops, ample cabinetry, and counter space.

Additional conveniences include first-floor laundry, a two-car garage, and a large basement that can support storage or be finished to fit future needs. The property is just minutes from Main Street.

Overall, the layout is designed for comfortable daily living with key amenities on the main level and practical expansion space in the basement.

Key Highlights

  • Well‑maintained Richmond condo with 2 bedrooms and 2.5 bathrooms, including a spacious primary suite
  • Hardwood floors in main living areas with cathedral/vaulted ceilings for an open feel
  • Kitchen features granite countertops with dishwasher and microwave included

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.5k $16.20
− Vacancy −$1.6k −$1.08
EGI $21.9k $15.12
− OpEx −$6.6k −$4.54
NOI $15.4k $10.59
1,451 SF · lease $16.20/SF/yr · vacancy 6.65% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$219.4K
$192.0K – $256.0K (±1% cap)
NOI $15,360 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$194.7K
$170.3K – $227.1K (±1% cap)
NOI $13,627 @ 7.0% cap · market cap 5.05%
Theoretical Best
Specialty Retail
$271.7K
$237.7K – $316.9K (±1% cap)
NOI $19,016 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Electrical Service Nail Salon Auto Parts Store (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained condo offers two bedrooms, two full and one half bath, hardwood floors, and a back patio for everyday outdoor access.
Where is this duplex located?
The property is located at 34896 Partridge Crossing Richmond, MI.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Well‑maintained Richmond condo with 2 bedrooms and 2.5 bathrooms, including a spacious primary suite; Hardwood floors in main living areas with cathedral/vaulted ceilings for an open feel; Kitchen features granite countertops with dishwasher and microwave included
Contact an agent
More about this property
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